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Flipkart Seeking NBFC License; Soon to Venture into Fintech Space
Flipkart is in news again as the e-commerce giant is all set to step its foot in the fintech space with the company now planning to offer credit and insurance products to its customers and sellers.
- Categories
- Finance
- Region
- South Asia
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China takes a swipe at the fintech sector
Beijing has spent years sitting back and encouraging its powerful fintech firms to create and innovate. But it is starting to crack down on parts of an industry that it feels may have grown too far too fast, starting with peer-to-peer lenders.
- Categories
- Finance
- Region
- Asia Pacific
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Kenyans start paying more for mobile money transactions following tax increase
Safaricom, which runs the popular mobile money service Mpesa, on Saturday, informed its customers that starting Sunday, its tariffs would go up.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Ugandans are furious with a new tax for using social media and mobile money
Uganda’s government has kept its promise: Many Ugandans woke up today (July 1) to find that if they hadn’t paid the new tax on social-media use, services like WhatsApp, Twitter, Facebook and Skype were inaccessible.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Global alliance launches guidelines for fintech investors
The Guidelines for Investing in Responsible Digital Financial Services have been launched by an international network of over 50 fintech investors and innovators, aiming to promote fintech funding by providing a framework for evaluating investment opportunities and risks.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Ant Financial taps blockchain technology to offer cheaper international money transfers
Ant Financial Services has taken a step towards dramatically lowering the cost of sending money overseas, in a move that will help the hundreds of thousands of Filipinos working in Hong Kong.
- Categories
- Finance
- Region
- Asia Pacific
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South Africa’s Social Security Agency Considering Mobile Payment Technology
Paying grants using mobile money tech could reduce costs and mean beneficiaries don’t have to travel to receive payments
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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China’s Great Leap Forward in Global Mobile Payments
Paradoxically, it was the country's reluctance to adopt conventional banking that led to almost universal adoption of mobile payments.
- Categories
- Finance
- Region
- Asia Pacific
